Failed Bank Information for SouthwestUSA Bank, Las Vegas, NV
On Friday, July 23, 2010, SouthwestUSA Bank was closed by the Nevada Financial Institutions Division. The FDIC was named Receiver. Plaza Bank, Irvine, CA acquired all deposit accounts.
The FDIC as Receiver for SouthwestUSA Bank, Las Vegas, NV has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on March 30, 2022 and has made all dividend distributions required by law.
Effective November 1, 2022, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status
TERMINATED
Effective Date: November 1, 2022
Publication Date: March 30, 2022
Beware of scams!
Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to
obtain information from you.
ACQUIRING INSTITUTION: PLAZA BANK
About Plaza Bank
All deposit accounts, excluding certain brokered deposits, were transferred to Plaza Bank, Irvine, CA ("assuming institution"). Former SouthwestUSA Bank locations reopened as branches of Plaza Bank.
Your transferred deposits were separately insured from any accounts you may have already had at Plaza Bank for at least six months after the failure of SouthwestUSA Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Plaza Bank as long as the deposits are not pledged as collateral for loans.
Contacting Plaza Bank
On 11/01/2017 Plaza Bank merged with Pacific Premier Bank
You can contact Pacific Premier Bank:
Pacific Premier Bank
17901 Von Karman Ave
Irvine, CA 92614
Pacific Premier Bank (www.ppbi.com)
Transaction Documentation
Purchase & Assumption Agreement - PDF (2Mb)
Agreement between FDIC and acquiring institution
Bid Summary
Report on the bids to purchase the failed bank